Update on Daniela SamanthaDaniela continues working in the sales of clothing such as jackets, pants, blouses, polos and other items. She sells to her customers when they request it, including friends and relatives. She is a diligent person and eager to get ahead. The borrower sells her merchandise in a store that she rents. She is hoping to be able to expand her business in order to give her family a better quality of life.
The borrower Daniela is requesting the loan in order to buy more merchandise for her business such as jackets.
Daniela is happy to receive a loan and she promises to make her payments according to the schedule.
La socia Daniela requiere el préstamo para comprar mas mercaderia para su negocio como casacas.
La socia Daniela esta feliz por el credito y se compromete a cumplir con el pago correspondiente al cronograma.
Previous Loan DetailsDaniela was born in the city of Ollantaytambo and has lived there since her birth. She is 18 years old and lives in a common-law marriage. Daniela has a regular economic activity in Ollantaytambo, namely selling clothes. She has her store in rented premises. She has been in this activity for seven… More from Daniela Samantha's previous loan »
Important InformationAbout Asociación Arariwa
Asociación Arariwa is a large non-governmental organization that started offering microcredit in 1994 to improve the quality of life, skills and equity of the population in the rural Cusco region of Peru. Arariwa serves the southern Andean provinces of Peru, and is distinguished by its efforts to reach the very poor, who often live in isolated rural areas. Arariwa fosters village banking, supports savings accounts, promotes access to education, and empowers women entrepreneurs (who make up 78% of its borrowers).
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
33View loans »
Success!! The loan was 100% repaid
- Repayment Term
- 6 months (Additional Information)
- Repayment Schedule
- Mar 20, 2012
- Apr 22, 2012
- Currency Exchange Loss:
- Aug 15, 2012
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.